Developer Edward Kile just introduced his latest high rise project: a 42 acre development at the I-215 curve in southwest Las Vegas Valley as a master planned mixed-use suburban village. "The Curve" is being designed for two 18-story condominium towers with 376 units, 115,885 square feet of retail space, including 12 restaurants, and 61,000 square feet of office space above the retail.
While the $200 million first phase construction financing is way down the road, the project has already been approved by Clark County. Groundbreaking on the project is scheduled to begin later this year, with completion of the first buildings in the late 2006 timeframe.
DINKS (dual income, no kids) in the 35 to 60 year old range are the prime target demographic for this project, with condo units starting at $385K for 1,100 and 2,025 square foot floor plans. The idea is to attract the type of person who wants to work and live in Las Vegas - not the second and third home investor.
There are plenty of similar projects in the works here in Las Vegas. In the Northwest valley, Centennial Springs is currently under construction on 41 acres while the 38-acre St. Rose Village is being planned in the Southeast. Likewise, the 200-acre Montecito Town Center is being developed in the Centennial Hills area while a 25 acre site is being worked on by Harmon Avenue.
We are currently forming an interest list regarding "The Curve". If you'd like to be included on the list, please visit www.VegasNNN.com or send an email to ron@vegasNNN.com
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